Cost of living comparison
compared to
Reykjavik vs. Myrtle Beach Cost of Living Summary
Reykjavik is 67.1% more expensive than Myrtle Beach.
- Restaurants
-
pay 69.5% more in Reykjavik
- Groceries
-
pay 44.1% more in Reykjavik
- Transportation
-
pay 2.3 times more in Reykjavik
- Housing
-
pay 10.7% more in Reykjavik
- Childcare
-
pay 25.4% less in Reykjavik
- Entertainment and Sports
-
pay 2.1 times more in Reykjavik
- Clothing
-
pay 2.4 times more in Reykjavik
The cost of clothing, transportation, entertainment and sports, restaurants, groceries, and housing in Reykjavik are more expensive than in Myrtle Beach. Notably, clothing, transportation, and entertainment and sports are significantly more expensive in Reykjavik.
Reykjavik vs. Myrtle Beach Cost Breakdown
If you lived in Reykjavik instead of Myrtle Beach, you would:
pay 69.5% more for restaurants
|
Myrtle Beach
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.00
|
$27.48
ISK3,473
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$22.76
ISK2,877
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.48
|
$3.34
ISK422
|
|
| Bottle of water (11 fl. oz) |
$2.03
|
$2.70
ISK341
|
|
Myrtle Beach vs. Reykjavik - Cost of restaurants
pay 44.1% more for groceries
|
Myrtle Beach
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.46
|
$4.63
ISK586
|
|
| Local cheese (8 oz) |
$6.75
|
$9.44
ISK1,193
|
|
| Milk (1 gallon) |
$3.87
|
$7.63
ISK964
|
|
|
Eggs
1 dozen
|
$4.25
|
$6.50
ISK822
|
|
| Boneless chicken breast (1 lb) |
$4.46
|
$11.29
ISK1,427
|
|
| Apples (1 lb) |
$2.13
|
$1.59
ISK201
|
|
| Bananas (1 lb) |
$0.58
|
$1.17
ISK148
|
|
| Oranges (1 lb) |
$2.20
|
$1.49
ISK188
|
|
| Tomatoes (1 lb) |
$1.94
|
$2.54
ISK321
|
|
| Potatoes (1 lb) |
$1.23
|
$1.70
ISK214
|
|
| Onions (1 lb) |
$1.20
|
$1.13
ISK143
|
|
Myrtle Beach vs. Reykjavik - Cost of groceries
pay 2.3 times more for transportation
|
Myrtle Beach
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.86
|
$9.66
ISK1,221
|
|
| Monthly public transit pass | ?? |
$88.58
ISK11,197
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,000.00
|
$50,771.00
ISK6,417,454
|
|
| Taxi trip in downtown area (5 miles) |
$17.91
|
$28.07
ISK3,548
|
|
Myrtle Beach vs. Reykjavik - Cost of transportation
pay 10.7% more for housing
|
Myrtle Beach
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.45
|
$81.97
ISK10,361
|
|
| 1-Bedroom apartment in downtown area |
$1,550.00
|
$2,259.48
ISK285,599
|
|
| 1-Bedroom apartment outside city center |
$1,600.00
|
$2,034.90
ISK257,212
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$107.34
|
$60.87
ISK7,694
|
|
Myrtle Beach vs. Reykjavik - Cost of housing
pay 25.4% less for childcare
|
Myrtle Beach
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,314.40
|
$327.78
ISK41,431
|
|
| Middle school for 1 child, two semesters |
$24,700.00
|
$30,711.08
ISK3,881,881
|
|
Myrtle Beach vs. Reykjavik - Cost of childcare
pay 2.1 times more for entertainment and sports
|
Myrtle Beach
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.00
|
$13.12
ISK1,659
|
|
| Cappuccino in mid-range area |
$4.70
|
$6.17
ISK780
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.49
|
$13.94
ISK1,761
|
|
| Monthly membership at local gym |
$31.33
|
$87.35
ISK11,041
|
|
| Movie ticket to theater/cinema |
$10.00
|
$17.18
ISK2,172
|
|
Myrtle Beach vs. Reykjavik - Cost of entertainment and sports
pay 2.4 times more for clothing
|
Myrtle Beach
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$46.89
|
$145.10
ISK18,340
|
|
|
Regular dress
from H&M or similar store
|
$36.00
|
$63.97
ISK8,086
|
|
|
Running shoes
Nike or Adidas
|
$82.00
|
$193.43
ISK24,449
|
|
| Men's business shoes (leather) |
$105.75
|
$248.79
ISK31,447
|
|
Myrtle Beach vs. Reykjavik - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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